Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/TRY fails to sustain above 3.09 mark, bias remains slightly bearish

  • USD/TRY is currently trading at 3.0834 levels.
     
  • It made intraday high at 3.0921 and low at 3.0800 levels.
     
  • Intraday bias remains slightly bearish for the moment.
     
  • Key support levels are seen at 3.0642, 3.0544, 3.0218, 3.0122, 2.9598, 2.9189, 2.9015 and 2.8847 thereafter.
     
  • On the other side, key resistance levels are seen at 3.0921, 3.0967 and 3.1048 levels respectively.

 

Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.